Underwriter Construction

AXA Group; Milano; In loco; EUR 55.000 - 70.000; Tempo pieno

Descrizione del lavoro

A leading insurance company in Milan seeks an Underwriter for its Construction sector. You will be responsible for delivering profitable underwriting services, developing relationships with brokers and clients, and supporting the financial exposure of significant risks. The ideal candidate will have experience in the Corporate Construction Insurance market and a strong capability to negotiate and drive business growth. Fluent English and Italian are required to succeed in this dynamic role.

Servizi

Flexible working arrangements

Family-friendly leave benefits

Diversity initiatives

Competenze

• Knowledge of factors affecting the corporate construction market.
• Proven experience as an underwriter.
• Ability to work in both English and Italian.
• Strong negotiation and business development skills.

Mansioni

• Underwrite business within agreed plan and authority.
• Support business planning and forecasting.
• Develop relationships with stakeholders.
• Monitor financial exposure and claims.

Conoscenze

Corporate Construction Insurance knowledge

Experience in underwriting processes

Fluency in English

Business development skills

Ability to make data-based decisions

Teamwork skills

Flexibility and innovation

Descrizione del lavoro

Underwriter Construction

Milan, Italy

You will join the Italian Property, Energy and Construction Underwriting team interacting with professionals Underwriters and technical experts to grow your potential in AXA XL, gaining insights and professionalism in a vibrant organization that cares about its people and makes inclusion and wellbeing a priority.

Your mission will be to deliver a profitable Underwriting service to clients and contribute to the development of a profitable portfolio in line with the agreed Business Plan. By representing AXA XL Italy on the market you will develop high quality levels of relationships with brokers, clients and colleagues (Claims, Operations and transversal functions).

This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.

WHAT you’ll be DOING

What will your essential responsibilities include?

• Underwrite business within the agreed business plan and individual authority: analysing risks and negotiating premiums, terms and conditions, ensuring adequate reinsurance acquired to cover specific risks, monitoring premium income to ensure it remains within set limits
• Support the business planning and forecasting process
• Seek, identify and develop opportunities for profitable business with new and existing customers.
• Develop relationships with stakeholders to ensure that business needs are achieved and personally getting to know and being known by brokers, clients, risk managers and account managers
• Collaborate with the Distribution Team by providing an effective and efficient service.
• Support the design and structure of risks and monitor financial exposure within significant limits
• Maintain awareness of all claims advised while supporting and providing input on settlement of claims
• Use knowledge and expertise to keep policy wordings up to date with legal requirements and market developments.
• Pass all necessary and accurate information on to Operations colleagues for them to ensure the correct release of policies and/or implementation of programs
• Evaluate and improving systems, processes and procedures on an ongoing basis to obtain best efficiency in working methods.

You will report to Team Leader Energy and Construction, Italy.

WHAT you’ll BRING

We’re looking for someone who has these abilities and skills:

• Corporate Construction Insurance Industry knowledge and awareness of factors affecting this market, new trends and business transformation
• Previous experience as Underwriter and knowledge of underwriting processes and procedures (including new digital procedures);
• Ability to work in English and Italian (both written and verbal)
• Business developer, passionate about doing business, negotiating and driving growth in a dynamic market
• Ability to make swift and efficient data-based decisions and keep the focus on goals over time
• Give your contribute while working in team to achieve collective goals.
• Ability to respond to a changing environment with flexibility and innovation

Who WE are

AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.

By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

Learn more at axaxl.com

What we OFFER

Inclusion

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.

• Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
• Robust support for Flexible Working Arrangements
• Enhanced family-friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter

Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.

Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, well being, lifestyle and financial security. It provides competitive compensation and personalised, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

Our Pillars:

• Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
• Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
• Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
• AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.

For more information, please see axaxl.com/sustainability.